Program areas at WESTconsin Credit Union
Westconsin Credit Union, like all Credit unions, is exempt from federal and most state taxes because we are a member-owned, not for profit organization. In turn, we reinvest into our organization and communities. We encourage our leaders and employees to get involved in community charitable activities and worthwhile causes, volunteering over 3,900 hours in 2022. Through providing free financial programs and services to promote financial education and literacy, Westconsin educated nearly 54,000 students in over 200 area schools. In 2022, Westconsin provided low-cost financial services to 113,981 members.
Provided over 20,000 loans for over $618 million to members.
Served members' interests by accepting deposits, granting loans, and investing excess funds in a prudent manner.
Grants made by WESTconsin Credit Union
Personnel at WESTconsin Credit Union
| Name | Title | Compensation | Date of data |
|---|
| Lora Benrud | Chief Executive Officer | $608,211 | 2022-12-31 |
| Jim Wookey | Chief Operating Officer | $250,762 | 2022-12-31 |
| Jerilyn Kinderman | Chief Financial Officer | $282,210 | 2023-05-03 |
| Michael Tomasek | Chief Information Officer | $256,789 | 2022-12-31 |
| Jeffery Jaeger | Vice President Office Ii | $150,543 | 2022-12-31 |
| ...and 17 more key personnel |
Financials for WESTconsin Credit Union
| Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
|---|
| Total grants, contributions, etc. | $0 | $0 | - |
| Program services | $74,350,697 | $82,588,504 | -10% |
| Investment income and dividends | $10,419,315 | $4,232,418 | 146.2% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $93,066 | $93,066 | - |
| Net gain from sale of non-inventory assets | $110,189 | $36,312 | 203.5% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $3,769,620 | $6,290,082 | -40.1% |
| Total revenues | $88,742,887 | $93,240,382 | -4.8% |
Organizations like WESTconsin Credit Union
| Organization | Type | Location | Revenue |
|---|
| Marine Credit Union | 501(c)(14) | La Crosse, WI | $77,409,562 |
| Blackhawk Community Credit Union | 501(c)(14) | Janesville, WI | $34,765,516 |
| Kohler Credit Union | 501(c)(14) | Sheboygan, WI | $22,715,156 |
| Educators Credit Union (ECU) | 501(c)(14) | Mount Pleasant, WI | $166,801,060 |
| Fox Communities Credit Union (FOXCU) | 501(c)(14) | Appleton, WI | $104,390,989 |
| Superior Choice Credit Union (SCCU) | 501(c)(14) | Superior, WI | $30,905,234 |
| UW Credit Union | 501(c)(14) | Madison, WI | $206,656,356 |
| Summit Credit Union | 501(c)(14) | Madison, WI | $231,091,693 |
| CoVantage Credit Union | 501(c)(14) | Antigo, WI | $121,730,079 |
| Capital Credit Union | 501(c)(14) | Green Bay, WI | $96,768,342 |
Data update history
July 8, 2023
Used new vendors
Identified 1 new vendor, including
July 6, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 29, 2023
Updated personnel
Identified 2 new personnel
May 20, 2023
Updated personnel
Identified 3 new personnel
May 12, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
MembershipsProvides scholarships
General information
- Address
- 3227 Schneider Ave Se PO Box 160
- Menomonie, WI 54751
- Metro area
- Minneapolis-St. Paul-Bloomington, MN-WI
- County
- Dunn County, WI
- Website URL
- westconsincu.org/Â
- Phone
- (715) 235-3403
IRS details
- EIN
- 39-0823125
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1938
- Eligible to receive tax-deductible contributions (Pub 78)
- No
Categorization
- NTEE code, primary
- W60: Financial Institutions, Credit Unions
- NAICS code, primary
- 522130: Credit Unions
- Parent/child status
- Child within group exemption
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